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Bess [88]
1 year ago
8

Reston had income of $204 million and average invested assets of $1,990 million. Its return on assets is?

Business
1 answer:
victus00 [196]1 year ago
5 0

Its return on assets is 0.1025.

Given,

Income = $204 million

Average invested assets = $1,990 million

Return on assets = Net income / total assets

= $204 million / 1,990 million

=0.1025

Therefore, Return on asset is 0.1025.

Return on assets (ROA) is a measure of how efficiently a company uses the assets it owns to generate profits. Analysts, managers, and investors use Return on assets to evaluate a company's financial health.

Net income is what the business has left over after all its expenses, including salary and wages, cost of the goods or raw material and taxes.

To learn more about Return on assets here:

brainly.com/question/14969411

#SPJ4

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Answer: Supply of T-shirts decreasing

Explanation:

If the supply of T-shirts decreases, the equilibrium quantity of t-shirts being supplied to the market will decrease as well. Assuming that demand stays the same, the leftward shift of the supply curve will intersect with the demand curve at a higher equilibrium price.

This is simply because as the t-shirts are in short supply, people will be willing to pay more to have them as they are not as widespread as before.

7 0
3 years ago
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Fiesta28 [93]

Answer:

Prorating

Explanation:

Prorating refers to the amount that the seller is usually liable to pay the buyer as for the period of closing the deal to the date it is actually closed.

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3 years ago
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vampirchik [111]

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These assets could be long term or short term therefore they are shown as a separate classification in the balance sheet.

Hence the correct option is D.

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